E-46
A Basic CMPD Mode Procedure
Example 1: To c alculate the future value (FV) of an
investment vehicle that pays an annual interest rate of
4%, when the initial deposit is $1,000 and additional
deposits of $300 are made each month
1. Input the required values from the Setting Values table
(page E-45).
• For this example, use
fc to select 1 “Set:”,
and then press E.
•Press 2 to select “End”.
•Use fc to select 2
“
n”, input 48, and then
press E.
•Use fc to select 3 “
I”, input 4, and then press
E.
•Use fc to select 4 “PV”, input –1000, and then
press E.
•Use fc to select 5 “PMT”, input –300, and then
press E.
• Use fc to select 7 “P/Y”, input 12, and then press
E.
•Use fc to select 8 “C/Y”, input 12, and then press
E.
Input Precautions
• Before specifying the number of months when there
is a partial month, see “Calculating the Number of
Months when a Partial Month is Included” (page
E-47).
•Input money paid out as a negative value, using the
y key to input the minus sign.
2. Select the value you want to calculate.
• For this example, use
fc to select “FV”.
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